Replies to post #1610 on China MediaExpress Holdings, Inc. (fka CCME)

[Traderfan]

If the S&P can stay above 1040 we probably won't go below 10.50 in CCME. It's a big support. Below 1040 well who knows what happens.

Good thing is that volume now completely dries up. It seems shorts are not willing to go high quantity at these levels right now but the flip side is that nobody wants to buy at this level.